By Okechukwu Nnodim with agency reports The Debt Management Office on Wednesday said it had plans to sell N70bn in three, five and 10 years sovereign bonds on August 17. Reuters reported that the DMO would sell N30bn of the three-year, N15bn of five-year and N25bn of 10-year papers, […]
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SEC tasks audit committees over corporate governance
By Okechukwu Nnodim The Securities and Exchange Commission has called on members of audit committees of quoted companies to uphold the standards of corporate governance when dealing with management and shareholders of their respective firms. According to SEC, the slow recovery from the global economic crisis and the yearning for […]
US homes got fewer foreclosure warnings in July
Report: Foreclosures, new home loan defaults slow in July amid lingering processing delays Alex Veiga, AP Real Estate Writer LOS ANGELES (AP) — Fewer U.S. homes entered the foreclosure process or were seized by lenders in July, the latest sign banks are taking a measured approach to moving against homeowners […]

